Jeep, Maserati parent says it’s willing to dump some of its less successful brands

26 July 2024, 12:55 pm

The Other Dimension
CarExpert logo

AutoExec Summary
Stellantis CEO Carlos Tavares has warned of potential changes within the automotive giant. Despite all brands currently being profitable, he emphasized the need for strategic adjustments. The company’s first-half financial results were disappointing, with Maserati facing particular challenges. To revitalize its portfolio, Stellantis is investing in core models for each brand and exploring potential partnerships or divestments. While the company is optimistic about the future, it faces hurdles in areas like R&D and marketing.

Brands Mentioned: Stellantis, Fiat, Opel, Maserati, Alfa Romeo, DS, Lancia, Abarth, Chrysler, Citroen, Dodge, Jeep, Peugeot, Ram

MEMBER ACCESS

NOT A MEMBER?

Subscribe now to see all the day’s headlines and more

Share Article

"*" indicates required fields

This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form